Investor Relations

• Commercial Bank of Dubai - 1969

Public Shareholding Company by an Emiri Decree issued by His Highness the late Sheikh Rashid Bin Saeed Al Maktoum and owned by three foreign banks (Chase Manhattan, Commerzbank & Commercial Bank of Kuwait) whose combined shareholding was 78%.

• Commercial Bank of Dubai - 1982

With the introduction of restrictions on foreign banks’ operations in the UAE, CBD converted into a national Public Shareholding Company.

• CBD shareholders: 20 percent of the issued share capital of CBD was registered in the name of the ICD on behalf of the Government of Dubai. Of the balance of 80 percent, which constitutes the free float of CBD’s equity, there are five shareholders each holding in 5 percent or more of CBD’s share capital. These shareholders are Al Futtaim Private Co. LLC, Orient Insurance PJSC, Abdulla Hamad Al Futtaim, Abdul Wahed Al Rostamani AWR Group and Ghobash Trading & Investment Company LLC. In accordance with CBD’s articles of association, the shares which are listed on the Dubai Financial Market are currently owned by UAE nationals and the general public. CBD opened its shareholding to foreign nationals up to a total of 40% of the total shareholding in 2020 after receiving all regulatory approvals.

• CBD is managed by business segments namely Institutional Banking, Corporate Banking, Personal Banking and Treasury & Investments.

• Launched full fledged Islamic Banking window, “CBD Al Islami”, on September 18, 2008 to offer Shari’ah compliant banking and financial services.

• CBD has five wholly-owned subsidiaries; CBD Financial Services LLC (CBDFS), which provides brokerage facilities for local shares and bonds, Attijari Properties LLC, which provides services for self-owned property management, CBD (Cayman) Limited, which is a special purpose entity (SPE) established for any future issuance of debts securities, CBD (Cayman II) Limited, which is a special purpose entity (SPE) established to transact and negotiate derivative agreements, VS 1897 (Cayman) Limited, which is a special purpose entity (SPE) established to manage investment acquired in settlement of debt. CBD also has one associate company, National General Insurance Co. PJSC (“NGI”). NGI underwrites all classes of life and general insurance business as well as certain reinsurance business.